Custom Golf Cart Sales & Service in Houston.

Featured on BusinessForSale.com . 6 viewed

Asking Price

$1,800,000

FOR SALE - ACTIVE

Detailed Information

Location

Harris County,Texas, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This Houston-based golf cart sales and service company specializes in offering custom-built golf carts tailored to customers' preferences, providing a unique and personalized experience. They also maintain a large inventory for customers seeking ready-to-use options. The company is known for its commitment to innovation, offering long-lasting, eco-friendly, and technologically advanced golf cart solutions that prioritize comfort and efficiency. Since its establishment in 2009, the business has seen significant growth under new ownership in 2017. Revenues have increased from $1.2 million in 2017 to over $3 million, driven by exceptional customer service that fosters repeat business and positive referrals. The owner's earnings have averaged around $700K annually, with a notable increase to over $800K in 2022. The business is available for owner financing and the current owner is willing to assist in a smooth transition, with an asking price of $1.8M inclusive of $300K worth of inventory. The company operates from a well

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